Forklift Market Size, Share, Growth & Industry Report, 2030
The global forklift market is estimated to grow from USD 85.2 billion in 2024 to USD 125.4 billion by 2030, with a CAGR of 6.7% over the forecast period.
The global forklift industry observes growth due to growth in e-commerce and warehouse sectors, an increase in demand for warehouse automation, and rising labor costs. Moreover, the rising demand for sustainable material handling equipment...
Latest Research on SCADA in the Smart Factory Market by MarketsandMarkets™
SCADA in the Smart Factory Market
Supervisory Control and Data Acquisition also known as SCADA plays a central role in the transformation of traditional manufacturing into smart factories. In an era where automation artificial intelligence and the Industrial Internet of Things are reshaping industries SCADA is the backbone that connects machines sensors and systems into a unified operational framework....
Latest Research on Industrial Sensors in the Smart Factory Market by MarketsandMarkets™
Industrial Sensors in the Smart Factory
Industrial sensors are the backbone of smart factories, enabling real-time data collection, monitoring, and control of critical processes. By integrating with advanced technologies such as the Internet of Things, artificial intelligence, and cloud computing, sensors provide manufacturers with actionable insights that enhance efficiency, reduce downtime, and...
Smart Factory Market by Solution: SCADA, Manufacturing Execution Systems (MES), Plant Asset Management (PAM), Industrial Safety
The smart factory market is undergoing rapid evolution as industries worldwide adopt advanced digital solutions to optimize operations, improve efficiency, and ensure workplace safety. Solutions such as Supervisory Control and Data Acquisition (SCADA), Manufacturing Execution Systems (MES), Plant Asset Management (PAM), and Industrial Safety systems are at the core of this transformation. Each solution...
Smart Factory Market by Component: Industrial Sensors, Industrial Robots, Industrial 3D Printing & Machine Vision Systems
Introduction
The smart factory powered by the convergence of IoT, AI, advanced robotics, additive manufacturing, and machine vision represents the next phase of industrial transformation. As manufacturers pursue productivity gains, flexible production, and predictive maintenance, component technologies such as industrial sensors, industrial robots, industrial 3D printing (additive manufacturing),...
Autonomous Forklift Market Size, Share, Trends & Report 2032
The autonomous forklift market size is projected to grow from an estimated USD 2.73 billion in 2025 to USD 5.07 billion by 2032 at a CAGR of 9.3% over the forecast period.
The growth of the autonomous forklift market is influenced by factors such as increasing labour shortages, rising warehouse automation, and the rapid expansion of e-commerce & logistics industries. Additionally, advancements...
Industrial Vehicles Market Size, Share, Demand, Growth & Forecast 2030
The global industrial vehicles industry size is projected to grow from USD 43.1 billion in 2024 to USD 56.7 billion by 2030, at a CAGR of 4.6%. Government investments in infrastructure development projects are fuelling the growth of the industrial vehicles market on a global scale. Initiatives aimed at modernizing transportation networks, constructing new warehouses, and enhancing logistics...
AI in Manufacturing Execution Systems: A Game-Changing Investment for North America Industry
The manufacturing industry in North America is experiencing a significant transformation, driven by technological advancements that promise to boost productivity, optimize operations, and enhance competitiveness. At the forefront of this revolution is the integration of Artificial Intelligence (AI) into Manufacturing Execution Systems (MES). AI-powered MES platforms are transforming the way manufacturers...
AI in Smart Manufacturing: A Revenue-Boosting Revolution in North America
The Fourth Industrial Revolution, also known as Industry 4.0, is transforming traditional manufacturing processes through the integration of cutting-edge technologies such as the Internet of Things (IoT), automation, and, most notably, Artificial Intelligence (AI). In North America, the manufacturing sector has been quick to adopt AI-driven solutions as companies seek to enhance efficiency, optimize...
AI Industrial PC Market in North America: Companies Shaping the Future of Automation
In recent years, the rapid evolution of Artificial Intelligence (AI) has triggered a transformative impact across numerous industries, and the rise of AI Industrial PCs (IPCs) is a direct outcome of this technological wave. North America, being a hub of innovation, is at the forefront of this revolution. AI-powered industrial PCs are increasingly becoming integral in modern manufacturing, automation,...